Consumer Discretionary·Homebuilding·$4.6B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $-0.21 | N/A | -66.67% |
management commentary, guidance changes, and full analysis available with Pro.
| -66.67% |
Tone: Defensive
Overall, management conveyed a cautious outlook due to external market pressures. They emphasized the need to navigate through a challenging environment.
Management highlighted ongoing challenges in the housing market.
They expressed concern over rising material costs and labor shortages.
This earnings report indicates that Meritage Homes is facing significant challenges, particularly reflected in their negative EPS. The stock reacted negatively, dropping 6.12%, likely due to investor concerns about the company's ability to manage rising costs and market conditions. Without guidance, uncertainty remains about the company's future performance.
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AMERIPRISE FINL INC
Apr 25, 2011